The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used: 50,000 • Actual rate per hour: $22 • Standard rate per hour: $20 • Standard hours for units produced: 48,000 How much is the direct labor price variance? A) $100,000 favorable B) $110,000 unfavorable C) $100,000 unfavorable D) $110,000 favorable

The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used: 50,000 • Actual rate per hour: $22 • Standard rate per hour: $20 • Standard hours for units produced: 48,000 How much is the direct labor price variance? A) $100,000 favorable B) $110,000 unfavorable C) $100,000 unfavorable D) $110,000 favorable

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 23Q: If a factory operates at 100% of capacity one month, 90% of capacity the next month, and 105% of...

See similar textbooks